Settings8H · net · $10k
Funding arb · Price arb /

BICO

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: OKX against KuCoin+0.089%7-day average −0.141% · you sell dearer than you buy
Net, funding: paid 7d − costs−$631as in the Funding arb table
Net, price: spread back to 7d avg − costs−$593as in the Price arb table
costs, in and out, $10k−$6166.156% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.150%−$15 on $10k
Price spread, last 7 days−0.230%−$23 · spread now +0.089%, 7d avg −0.141%
Together, before fees−0.380%−$38 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.231% dearer against KuCoin than usual: you sell high and buy low, +$23 on $10k if it goes back to its 7-day average of −0.141%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BICOUSDTM0.022370.0100pay 0.0100% / 8h53m 57s$980K$1.5M20x
ShortOKX BICO-USDT-SWAP0.022390.0100get 0.0050% / 4h53m 57s$1.8M$5.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against KuCoin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.089% → −0.141%
$23.08
Slippage, 4 orders
−$593.58
Fee KuCoin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$592.5
Costs to cover
6.156%
Break-even
never at this rate
Slippage from KuCoin: live order book, 2 min ago; OKX: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 2 min ago4.47 bp402.4 bp −$402doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 4 min ago2.24 bp21.3 bp −$21297.0 bp −$2,970doesn't fitdoesn't fit

BICO on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BICOUSDT+0.0100%8h0.02239+0.073%$94K$23K5xas long as short
Binance BICOUSDT+0.0100%8h0.02239+0.082%$4.0M$8.5M20xas long as short
OKX BICO-USDT-SWAPshort+0.0100%4h0.02239+0.089%$1.8M$5.3M20x
Gate BICO_USDT+0.0100%8h0.02236−0.045%$364K$326K20xas long as short
MEXC BICO_USDT+0.0100%8h0.02238+0.045%$1.8M$1.0M50xas long as short
KuCoin BICOUSDTMlong+0.0100%8h0.02237long leg$980K$1.5M20x
Bitget BICOUSDT+0.0100%8h0.022370.000%$648K$525K10xas long as short
Variational Omni BICO+0.0100%8h0.02229−0.365%$13K$13Kas long as short
Bybit BICOUSDT+0.0101%8h0.02239+0.072%$2.2M$4.0M20xas long as short
BingX BICO-USDT+0.0101%8h0.02236−0.045%$1.7Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BICOUSD+0.2736%1h0.02248+0.480%$39K$66K20xas long as short